NOUN | group | black economy | a hidden sector of the economy where private cash transactions go unreported |
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Meaning | A hidden sector of the economy where private cash transactions go unreported. | |
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Example | "no one knows how large the black economy really is" | |
Part of | economy, economic system | The system of production and distribution and consumption |
Broader | sector | A social group that forms part of the society or the economy |
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